Moody's Lowers Supervalu Debt to Negative

NEW YORK — Moody's Investor Service here said yesterday it is lowering the rating outlooks for the debt of Supervalu and its subsidiaries to negative from stable.

Moody's said the change reflects the possible disruptions to operations over the short term as Supervalu carries out its strategic initiatives “during a very challenging operating environment, [which] could lead to further margin compression or disruptions to top line that could negatively impact debt coverage metrics